Multi Family(2-4 Units) Buy & Hold | Peabody, MA

[Justin Bettano]

Investment Info:

Small multi-family (2-4 units) buy & hold investment.

Purchase price: $420,000
Cash invested: $15,000

This buy-and-hold property generates a steady cash flow, with a gross monthly rent of $3,900. After expenses, it provides a net income of $1,500 per month, making it an ideal investment for long-term passive income. With consistent rental income and a strong potential for future appreciation, this property offers a reliable addition to any portfolio.

What made you interested in investing in this type of deal?

Building out my portfolio with strategic, secure passively cash-flowing assets to continue to build leveraged equity.

How did you find this deal and how did you negotiate it?

Analysis of properties with positive cash-flow based on market analysis of rents.

How did you finance this deal?

FHA-Owner Occupancy Loan, to limit down payment to be able to utilize for maintenance